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Vyome (HIND) investor relations material
Vyome Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Completed merger with ReShape Lifesciences Inc. in August 2025, rebranding as Vyome Holdings, Inc.; focus shifted to clinical-stage specialty pharmaceuticals targeting immune-inflammatory and rare diseases.
Lead program VT-1953 (topical gel for malignant fungating wounds) advanced with positive Phase 2 results; pivotal Phase 3 trial planned for 2026.
Additional pipeline includes VT-1908 (ophthalmic drops for uveitis, pre-IND stage) and VB-1953 (acne, Phase 3-ready).
Commercialized antifungal products in India via Sun Pharma partnership; legacy dandruff product agreement terminated in December 2024.
Financial highlights
Net loss for 2025 was $10.5 million, compared to $1.4 million in 2024, reflecting increased R&D and G&A expenses post-merger.
Revenue for 2025 was $319,714, up from $256,944 in 2024, primarily from milestone payments, royalties, and service fees from Sun Pharma.
Cash and cash equivalents at year-end 2025 were $4.98 million, with additional $5.3 million raised in early 2026.
Research and development expenses increased to $588,258 in 2025 from $285,391 in 2024 due to resumed R&D activities.
General and administrative expenses rose to $2.37 million in 2025, mainly due to merger-related costs and stock-based compensation.
Outlook and guidance
Cash runway expected to last until June 2027, but additional capital will be needed to complete pivotal trials and advance pipeline.
Focus on initiating pivotal Phase 3 trial for VT-1953 in 2026 and advancing VT-1908 into clinical development.
Plans to seek further partnerships, licensing, and strategic alliances to support commercialization and development.
- Shareholders will vote on directors, an equity plan, auditor ratification, and executive pay.HIND
Proxy Filing15 Dec 2025 - Approval sought for reverse split, warrant exercise, and ELOC share issuance to support merger.HIND
Proxy Filing15 Dec 2025 - Shareholders to vote on reverse split, warrant exercise, and ELOC issuance to support listing and capital needs.HIND
Proxy Filing15 Dec 2025 - Shareholders to vote on reverse split, warrant exercise, and ELOC share issuance for Nasdaq compliance.HIND
Proxy Filing15 Dec 2025 - $5.7M cash, $9.2M net loss, positive VT-1953 data, and 2026 regulatory plans for VT-1908.HIND
Q3 202520 Nov 2025
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